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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]During the pandemic all these downtown businesses got lavish bailouts like PPP, etc. And now years later they still want even more subsidies? The world has moved on and nobody with a computer needs to commute anymore. Time for these laggards to adjust, or else we should also bring back the horse and carriage industry - fair is fair.[/quote] +1 The smart places have since adapted (e.g. creating a daily delivery lunch special within a certain radius) or created in-person draws like wifi, a table with kids toys/puzzles, etc. Trying to turn back time on telework to save the restaurant industry is the liberal equivalent of the coal industry trying to move us backward regarding energy. [/quote] No one is trying to save the restaurant industry. They are trying to save commercial real estate from collapsing all at once. Go look back at the PTO article. If CRE collapses, more banks will fail. The fallout has the potential to be fast and furious and you are very, very naive if you don’t think it will impact you or your 529s. [/quote] Look I don’t disagree with you that total CRE collapse would be bad. I just don’t agree that having Feds on the office is the way to fix it. I mean making a bunch of agencies lease buildings they don’t really need is just a de facto bail out at the added expense of employee morale. If private sector employers are benefitting from smaller commercial footprints then why shouldn’t taxpayers as well? [b]CRE needs to find some other way to evolve. I’m not sure how, but this isn’t it. Technology is continually making old ways of doing things obsolete. The office building is now a dinosaur[/b]. [/quote] I truly don’t know how long millions of Americans can be forced to drive a car to an office building to be on Teams calls all day. [/quote]
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